Question

Prepare Bank Reconciliation Statement as on 31st March, 2019 from the following particulars:

		₹
(i)	Bank balance as per Pass Book.	10,000
(ii)	Cheque deposited into the Bank, but no entry was passed in the Cash Book.	500
(iii)	Cheque received and entered in the Cash Book but not sent to bank.	1,200
(iv)	Credit side of the Cash Book bank column cast short.	200
(v)	Insurance premium paid directly by the bank under the standing advice.	600
(vi)	Bank charges entered twice in the Cash Book.	20
(vii)	Cheque issued but not presented to the bank for payment.	500
(viii)	Cheque received entered twice in the Cash Book.	1,000
(ix)	Bill discounted dishonoured not recorded in the Cash Book.	5,000
(x)	Bank had wrongly allowed interest of ₹ 5,000, which was reversed by it on 5th April, 2019.

Answer 1

Bank Reconciliation Statement as on March 31, 2019
S. No.	Particulars	Plus Items (₹)	Minus Items (₹)
(i)	Balance as per the Pass Book	10,000
(ii)	Cheque deposited but not entered in the Cash book		500
(iii)	Cheque entered in the Cash Book but not deposited in the bank	1,200
(iv)	Credit side of the Cash Book undercast	200
(v)	Insurance premium paid directly by the bank but not entered in the Cash Book	600
(vi)	Bank charges entered twice in the Cash book		20
(vii)	Cheque issued but not presented for payment		500
(viii)	Cheque received entered twice in the Cash Book	1,000
(ix)	Bill discounted and dishonoured but not entered in the Cash Book	5,000
(x)	Interest allowed by the bank to be reversed		5,000
	Balance as per the Cash Book		11,980
		18,000	18,000